The United Arab Emirates (UAE) is known for its wealth and luxury, attracting entrepreneurs and investors from around the world. With its booming economy, it is no surprise that there are several billionaires in the country. However, who is the youngest richest person in UAE?
Mansour bin Zayed Al Nahyan
One of the youngest and richest individuals in the UAE is Mansour bin Zayed Al Nahyan. Born on November 20, 1970, he is a member of the ruling Al Nahyan family and the deputy prime minister of the UAE. Mansour is the chairman of the Emirates Investment Authority (EIA), which manages the sovereign wealth funds of the country.
Early Life and Education
Mansour bin Zayed Al Nahyan was born in Abu Dhabi, the capital of the UAE. He is the fifth son of Sheikh Zayed bin Sultan Al Nahyan, the founder and first president of the UAE. Mansour attended the United Arab Emirates University and graduated with a bachelor’s degree in International Affairs.
Career and Investments
After completing his education, Mansour bin Zayed Al Nahyan started his career in the government sector. He held various positions and gained valuable experience in different government entities. In 2004, he was appointed as the minister of presidential affairs, overseeing the affairs of the president of UAE.
As the chairman of the Emirates Investment Authority, Mansour is responsible for managing and growing the sovereign wealth funds of the UAE. The EIA invests in various sectors, including real estate, infrastructure, energy, and financial services. Mansour has actively been involved in attracting foreign investments to the UAE, further contributing to his wealth.
Other Endeavors and Philanthropy
Aside from his governmental and investment roles, Mansour bin Zayed Al Nahyan has also been involved in various philanthropic activities. He has established foundations and donated to several charitable causes in the UAE and around the world.
Moreover, Mansour is known for his passion for sports, particularly football. He is the chairman of the Al Jazira Club, one of the top football clubs in the UAE. He has played a significant role in developing and promoting the sports industry in the country.
In conclusion, Mansour bin Zayed Al Nahyan is the youngest richest person in UAE. With his influential role in the government and as the chairman of the Emirates Investment Authority, Mansour has been able to accumulate significant wealth at a young age. His contributions to various sectors and philanthropic endeavors have further added to his reputation and success.